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Telepresence Robot Market to Witness Huge Growth by Key Players: Double Robotics, Inbot Technology, Suitable Technologies, Mantaro Networks, VGo Communications, InTouch Technologies, Qihan Technology, Amy Robotics, Anybots, SuperDroid Robots, Ava Robotics

05-11-2020 11:07 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Telepresence Robot Market to Witness Huge Growth by Key Players:

According to Market Study Report, Telepresence Robot Market provides a comprehensive analysis of the Telepresence Robot Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry.This report also provides market landscape and market share information in the Telepresence Robot Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Telepresence Robot Market is expected to reach USD 312.6 Million by 2023 from USD 145.8 Million in 2018, at a CAGR of 16.5%. This report spread across 114 pages, profiling 10 companies and supported with 63 tables and 28 figures are now available in this research.

Top Key Players Profiled in the Telepresence Robot Market:
o Double Robotics (US)
o Inbot Technology (China)
o Suitable Technologies (US)
o Mantaro Networks (US)
o VGo Communications (UK)
o InTouch Technologies (US)
o Qihan Technology (China)
o Amy Robotics (China)
o Anybots (US)
o SuperDroid Robots (US)
o Ava Robotics (US)
o Camanio Care (Sweden)
o Wicron (Russia)
o Xandex (US)
o Rbot (Russia)
o AXYN Robotique (France)
o OhmniLabs (US)
o Swivl (US)
o Xaxxon Technologies (Canada)
o Hease Robotics (France)

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"Mobile telepresence robots held larger market share in 2017"
Mobile telepresence robots accounted for a larger share of the overall telepresence robot market in 2017. These robots can be moved from one place to another. In the consumer sector, especially in-homecare, it is widely used owing to its movable feature. Customers can use mobile telepresence robots from any place according to their convenience.

"Market for healthcare application to grow at highest CAGR during forecast period"
The market for healthcare applications is expected to grow at the highest CAGR during 2018-2023 Remotely controlled telepresence robots enable doctors to interact with their patients for consulting and training. Researchers have been developing telepresence robot that can be used for remote surgery to save lives and can be controlled by remote surgeons. The advantages of using remote surgery using telepresence robots include efficient operation, ability to isolate surgeons from infectious diseases, and low operational cost.

"Americas was largest share holder in 2017,where as APAC would register highest CAGR during forecast period"
The Americas accounted for a major share of the overall telepresence robot market in 2017. The Americas is the early adopter of all service robots for all the major applications, such as public relations, personal assistance and care giving, home care, enterprise, and education, which is resulting in the maximum demand for robots from this region.

Breakdown of primary participants' profile:
o By Company Type: Tier1= 55%, Tier 2= 20%, and Tier 3= 25%
o By Designation: C-Level Executives=75%and Directors = 25%
o By Region: Americas= 10%, Europe= 20%, APAC= 40%, and RoW= 30%

Competitive Landscape of Telepresence Robot Market:
1 Overview
2 Market Ranking Analysis
3 Competitive Scenario
3.1 Product Launches and Expansions
3.2 Acquisitions and Partnerships

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Reason to access this report:
o This report segments the telepresence robot market comprehensively and provides the closest market size estimations for segments across regions.
o The report would help stakeholders understand the pulse of the market and provide them information on key drivers, restraints, challenges, and opportunities governing market growth.
o This report would help stakeholders understand their competitors better and gain insights to improve their position in the business. The competitive landscape section includes the competitor ecosystem, and growth strategies such as product launches, acquisitions, expansions, and partnerships.

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